PAZINI19

Analysis-Big probability of reversal trend

NASDAQ:TSLA   Tesla
Hello! We see on the chart that since September 21, 2022 the sellers have broken the vwap indicator and we are in a downtrend until September 23, 2022. Furthermore, we also notice that resistance and support are converging. Indeed, sellers have difficulty sustaining their efforts. That said, we have a very high probability that the market will go higher however if the vwap indicator as well as the resistance line are forcefully broken by a large green candle and followed by large green volume. But, you have to keep your eyes open because the market is unpredictable. Indeed, it may continue to fall if the support line is forcefully broken by a large red candle and accompanied by large red volume. We must be vigilant. Thanks for your attention!
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